Market Overview

HFF Announces Sale of Premier Class AA Office Building in Houston


HFF announces the sale of Westway Plaza, a newly constructed, premier,
Class AA office building totaling 313,420 square feet in Houston, Texas.

The HFF team marketed the property on behalf of Transwestern Development
Co., and procured the buyer, The Aztec Fund, Inc., a private Mexican
equity fund.

Westway Plaza is situated on 9.85 acres at 11330 Clay Road at its
intersection with the Sam Houston Tollway in Houston's West Belt
Corridor. The property has direct access to major thoroughfares,
including Interstate 10, U.S. 290 and the Grand Parkway, and is
proximate to an abundant and talented labor pool. Completed in 2015, the
LEED® Gold building provides maximum energy efficiency throughout its
virtually column-less floor plates that feature floor-to-ceiling glass
windows and nine-foot six-inch finished ceiling heights. Market leading
amenities at Westway Plaza include a state-of-the-art fitness center
with locker rooms, an on-site café, a 1,186-space attached structured
parking garage and 24-hour security. Westway Plaza is fully leased to
three tenants: General Electric Corporation, Superior Energy Services
and TESCO Corporation.

The HFF investment advisory team representing the seller included senior
managing director Jeff Hollinden and analyst Dane Petersen.

This is The Aztec Fund's first purchase in the Houston market,
complementing properties purchased in Dallas, Denver and Pittsburgh.
Charles Haddad, Aztec's President and CEO commented, "We are very
excited about entering the Houston market! This will definitely not be
our only purchase in this amazing city. Thanks to HFF and Transwestern
for making this a truly successful transaction."

Holliday GP Corp. ("HFF") is a Texas licensed real estate broker.

About Transwestern Development Co.

Transwestern Development Co. is a diversified business with expertise
and experience in all commercial property types. The firm executes
projects through a variety of venture and contract structures and has
been creating commercial landmarks for itself, its partners and valued
customers throughout the U.S. since 1978. Based in Houston, Transwestern
Development Co. operates as a principal, investing capital alongside its
institutional equity partners in the development of speculative and
build-to-suit projects, and as a fee developer for clients and
user-owners. The company has amassed valuable experience in
construction, design, sustainability, leasing, acquisitions, finance and
asset management. As a member of the Transwestern family of companies,
the firm capitalizes on the market insights and operational expertise of
its affiliates, which include a diversified real estate services firm
with 35 U.S. offices and a real estate investment management company.
Please visit
for more information.

About The Aztec Fund

The Aztec Fund (
is a private equity fund based in Mexico City that invests in commercial
and industrial properties in the United States. The company focuses on
properties that generate long term, consistent net operating income that
is secured by quality tenants.

Its business strategy is based on its founders' experience to find the
best opportunities in emerging cities with great potential for
commercial and industrial development in the U.S. market, combined with
privileged financing rates and low administrative overhead.

About HFF

HFF and its affiliates operate out of 26 offices and are a leading
provider of commercial real estate and capital markets services to the
global commercial real estate industry. HFF, together with its
affiliates, offers clients a fully integrated capital markets platform,
including debt placement, investment advisory, equity placement, funds
marketing, M&A and corporate advisory, loan sales and loan servicing.
HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities
Limited are owned by HFF, Inc. (NYSE:HF). For more information, please
or follow HFF on Twitter @HFF.

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